Binance Lawsuit Dismissed Following December 2025 Security Incident

Binance Lawsuit Dismissed Following December 2025 Security Incident

First seen 7 Mar 2026, 18:10 UTC BinanceMarketscreener 55.5

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A federal judge has dismissed a civil lawsuit against Binance and its CEO, Changpeng Zhao, filed by victims of a security incident that occurred in December 2025. The lawsuit was deemed 'wholly unnecessary' as Binance has since restored deposits and withdrawals for the affected Flow Network users.

Timeline

2025-12-01
Security incident on Flow Network affecting Binance users
2026-03-06
Federal judge dismisses lawsuit against Binance
2026-03-07
Binance restores FLOW deposits and withdrawals